1. Alan Roberts David Malcolm

3. Have you ever seriously considered leaving your course?

4. Have you ever seriously considered leaving your course?

5. Have you ever seriously considered leaving your course?

6. I regularly worry about not having enough money to meet my basic living expenses, such as rent and utility bills’

7. Have you ever seriously considered leaving your course?

8. I regularly worry about not having enough money to meet my basic living expenses, such as rent and utility bills’

9. I regularly worry about not having enough money to meet my basic living expenses, such as rent and utility bills’

10. I regularly worry about not having enough money to meet my basic living expenses, such as rent and utility bills’

11. ‘I feel able to concentrate on my studies without worrying about finances.’

12. ‘I feel able to concentrate on my studies without worrying about finances.’

13. ‘I feel able to concentrate on my studies without worrying about finances.’

14. There are clear associations between financial support policy and practice, student wellbeing, socio-economic background and retention.

15. Student wellbeing
Financial competence
The cost of study
Student support system
Meeting the costs
Student debt

16. Financial Education

17. High debt levels and poor financial wellbeing are associated with a lack of formal financial education.

18. The costs of study
Hidden Course Costs
Accommodation
Travel

19. Thinking about materials, activities and other costs associated with completing your programme of study, how much have you spent, in total, in the last academic term? e.g – text books, field trips, uniforms

20. Thinking about materials, activities and other costs associated with completing your programme of study, how much have you spent, in total, in the last academic term?

21. Course costs and wellbeing

22. How much time do you spend on a single journey to your place of study?

23. Course related costs are prevalent, expensive, and often concealed; there is a clear association between high course costs and low wellbeing, as with high levels of accommodation and transport costs.

24. Student support
One in three (33%) respondents agreed that they ‘find it easy to understand what financial support I am entitled to’.
Students in further education were less clear (20%) about their financial support before they started their course
Postgraduate students 37%
Adult FE students were more likely (37%) to say that they were ‘not at all clear’

25. Student support
20% of Higher Education students had applied for discretionary funding from their institution.
15% of those in Further Education.
14% undergraduates received an institutional bursary or scholarship,
17 % postgraduates
7% of students in Further Education received a bursary or scholarship.

26. Discretionary funding profile
more likely to report worrying about their financial situation (93%)
more likely to worry about meeting their rent and utility bills (83%)
less likely to feel able to balance their ‘commitments, such as work, study and family/relationships’ (42%)
Only 17% of discretionary support applicants felt able to concentrate on their studies without worrying about finances

27. Support from family

28. Access to financial support from the family has a significant association with both wellbeing and progression to further study.

29. Support from friends

30. Reasons for not participating

31. Benefit of student groups

32. Students in societies and clubs feel more able to manage their finances and call on the support of their peers and are less likely to have considered leaving their course.

33. Meeting the costs - Employment

34. Debt and wellbeing

35. Older students
Nursing, midwifery, teaching students
Rural students/remote
Live at home students
Student Parents
Interface area students
…who else?

36. What questions should you be asking students in your institution?
What barriers do they face regarding financial wellbeing? What does this look like?
What would they be prepared to do to address the problem?
What’s the root of the problem?
How can the problem be solved, by whom?

37. Policy Update Questions?

38. Alan. roberts@nus. org. uk David. malcolm@nus. org. uk sarah
(activities and retention work)